Indo Rama Synthetics (India) Limited — Credit Ratings, 28-10-2024: Credit Rating- Revision

India Ratings has affirmed the ratings for Indo Rama Synthetics' bank facilities, assigning a rating of IND A- with a negative outlook for its working capital limits totaling INR 16,200 million. A term loan of INR 1,347 million has been withdrawn, as the agency no longer requires the rating due to a lack of outstanding dues from the issuer. The report includes detailed ratings for specific banks involved.